Number
081008
Version
ORIGINAL
Reference
080788
Sponsor
ALD. BOHL
Title
Resolution implementing a provision of the 2009 City Budget relating to the Energy Challenge Fund capital account.
Analysis
This resolution implements a footnote to the Energy Challenge Fund capital account. The footnote states that expenditures from the Energy Challenge Fund capital account are to be released only by Common Council resolution.
Body
Whereas, The 2009 Proposed Budget includes $500,000 in capital funding to support the goal of helping City departments reduce energy consumption by 15% from 2008 to 2012, using 2005 City energy consumption as a baseline; and
Whereas, Funds are awarded to departments for capital projects that result in energy efficiencies or that use renewable energy or alternative fuel sources and are distributed based on projected reductions in energy use and demand charges, and demonstration of project payback within a reasonable time period; and
Whereas, The Environmental Sustainability Director manages the Energy Challenge Fund; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that expenditures from the Energy Challenge Fund capital account are to be released only by Common Council resolution.
Requestor
Drafter
LRB08513-1
AEH
11/4/2008